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Author Question: A corporation's operating profit margin is equal to A) net income divided by sales. B) sales ... (Read 64 times)

bcretired

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on: Jul 11, 2018
A corporation's operating profit margin is equal to
 
  A) net income divided by sales. B) sales divided by EBIT.
  C) EBIT divided by sales. D) EBIT divided by net income.

Question 2

A homeowner that owes more on his/her mortgage than the home is worth is said to be under
  water.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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apple

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Reply #1 on: Jul 11, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


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